Pool Corporation reported a 6% increase in net sales for the first quarter of 2026, reaching $1.138 billion compared to $1.072 billion in the same period last year. The growth was attributed to strong demand for maintenance products, improved equipment sales, and a favorable impact from price increases implemented in the previous year. Gross profit also rose by $17.5 million to $329.9 million, although the gross margin slightly decreased to 29.0% from 29.2% due to a higher proportion of lower-margin equipment sales and early customer purchases typical for the season.
Operating income for the quarter increased by 7% to $82.6 million, with operating expenses rising 5% to $247.3 million, reflecting higher facility costs and inflationary pressures. Net income was reported at $53.2 million, a slight decrease from $53.5 million in the prior year, influenced by increased interest expenses related to share repurchases and a reduced tax benefit from the ASU 2016-09 accounting standard. Earnings per diluted share rose to $1.45, up from $1.42 in the previous year, marking a 3% increase.
In terms of operational metrics, total net receivables, including pledged receivables, increased by 13% year-over-year, primarily due to higher sales in March 2026. The company’s inventory balance also grew by 14% to $1.661 billion, reflecting both inflationary increases and additional inventory from new sales centers. Pool Corporation maintained a total debt of $1.248 billion, an increase of $222.6 million from the previous year, largely to fund share repurchases totaling $349 million over the past twelve months.
Strategically, Pool Corporation has continued to expand its footprint, operating 455 sales centers across North America, Europe, and Australia as of March 31, 2026. The company completed acquisitions in 2025, including the distribution assets of Vegas Stone Brokers and Great Plains Supply Pool and Spa Products, enhancing its market presence. Looking ahead, Pool Corporation anticipates a low single-digit percentage increase in sales for the full year of 2026, with expectations for gross margins to remain stable compared to 2025. The company plans to focus on operational efficiencies while continuing to invest in its sales center network and technology initiatives.
About POOL CORP
Pool Corporation is the world's largest wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. It serves pool builders, retailers, service companies, and landscape contractors through extensive distribution networks in North America, Europe, and Australia. The company offers a broad product range, including chemicals, parts, building materials, and energy-efficient innovations, supporting industry growth and customer success in the outdoor living industry.
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